Being middle class isn’t what it used to be. That isn’t so surprising, of course. Everything changes. One hundred years ago, you were considered middle class if you made $577 a year, according to TheCostofLiving.com. Today, many people make that much in a week. At least, according to the Bureau of Labor Statistics, the median weekly earnings of full-time workers for the first quarter of 2014 were $796.
But just what is middle class today? There seems to be a lot of evidence out there that the status of middle class is almost the new poor. To wit, in recent months: